Microwave Oven Programming, Inc is considering the construction of a new plant. The plant will have an initial cash outlay of $8.3 million (= -$8.3 million), and will produce cash flows of $3.3 million at the end of year one, $5.3 million at the end of year 2, and $1.8 million at the end of years 3-5. What is the internal rate of return on this new plant?